YAM.finance

Total Users

Rewards

Volume: $0
Contract Balance: $350,426
Category: - No data available.
Blockchain: Ethereum
Language: - No data available.

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News

Impact of Whale on Ethereum Market: Purchase of 1,656 ETH via DeFi Protocols

A whale has acquired 1,656 ETH for $5 million, potentially affecting demand and transaction volumes on Ethereum.

Giorgi Kostiuk

a few seconds ago

Neiro (NEIROCTO) Shows Market Potential After Resistance Break

Neiro broke through the $0.0004700 resistance level, indicating a potential trend change. A look at key levels and short-term movements.

Giorgi Kostiuk

a minute ago

MemeCore (M): Price Surge and Future Prospects

Meme cryptocurrency MemeCore (M) has surged 1,110% in a week, attributed to major exchange listings. Overview of the situation and expert opinions.

Giorgi Kostiuk

a minute ago

What is YAM.finance?

YAM Finance is a new elastic supply token where the supply of the token expands and contracts in response to the token price – with the ultimate aim of stabilizing to a $1 USD PEG. A 12 hour “Rebase” will increase/decrease the total supply of the token depends on its price. This means that after a rebase, wallets holding YAM will experience changes to the balance even if no YAM is sent out of the wallet. This concept is similar to Ampleforth (AMPL). YAM has gained enormous attention after it’s launch on the 12 of August due to its extremely high Yield Farming (More than 1000% APY) rewards and Meme suitability. On top of this, the elastic supply of YAM means that it catches the attention of those who missed out on the AMPL hype train.